Envestnet Asset Management Portfolio holdings
Envestnet Asset Management, a subsidiary of Envestnet, Inc., founded in 1999 by Jud Bergman and Bill Crager, is a Chicago-based financial technology firm that provides wealth management solutions and software to financial advisors and institutions, managing over $426 billion in discretionary assets as of late 2024. Headquartered at 35 East Wacker Drive, it serves a vast network, including over 111,000 advisors and major U.S. banks, with a platform overseeing more than $6.5 trillion in assets, offering tools like portfolio management, trading, and reporting through an integrated ecosystem. Known for its innovative AdvisorSuite software and Portfolio Management Consultants (PMC) division, Envestnet supports advisors with sub-advisory services, research, and data analytics, bolstered by its 2015 acquisition of Yodlee for enhanced data aggregation. Recently acquired by a Bain Capital-led consortium for $4.5 billion in November 2024, Envestnet continues to evolve as a private entity, focusing on scalable, tech-driven wealth management solutions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$10.9B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.5B |
| 3 |
NVR
NVR
|
+$7.08B |
| 4 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.07B |
| 5 |
iShares Russell 1000 ETF
IWB
|
+$4.99B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$2.68B |
| 2 |
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
|
+$1.48B |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$1B |
| 4 |
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
|
+$733M |
| 5 |
iShares MSCI EAFE Value ETF
EFV
|
+$602M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 72.41% |
| 2 | Technology | 6.42% |
| 3 | Healthcare | 4.3% |
| 4 | Financials | 3.85% |
| 5 | Industrials | 2.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Oracle
ORCL
$417B
| $161M | 0.08% |
2,637,805
+903,277
| +52% | +$79.2M |
|
227
iShares Intermediate Government/Credit Bond ETF
GVI
$3.75B
| $161M | 0.08% |
1,541,502
+179,456
| +13% | +$18.6M |
|
228
iShares Preferred and Income Securities ETF
PFF
$12.7B
| $160M | 0.08% |
5,128,657
-983,262
| -16% | -$31.6M |
|
229
Target
TGT
$70.8B
| $160M | 0.08% |
964,482
+68,490
| +8% | +$11.3M |
|
230
JPMorgan Equity Premium Income ETF
JEPI
$45.5B
| $159M | 0.08% |
2,921,119
+136,332
| +5% | +$7.4M |
|
231
Vanguard Russell 2000 ETF
VTWO
$16.9B
| $159M | 0.08% |
2,212,400
+337,913
| +18% | +$25.1M |
|
232
Mondelez International
MDLZ
$79.7B
| $159M | 0.08% |
2,284,716
+347,040
| +18% | +$23M |
|
|
MRSH
233
Marsh
MRSH
$84.4B
| $159M | 0.08% |
952,885
+28,092
| +3% | +$4.68M |
|
234
Tesla
TSLA
$1.42T
| $158M | 0.08% |
762,947
+97,994
| +15% | +$17.1M |
|
235
TSMC
TSM
$2.17T
| $158M | 0.08% |
3,562,479
+1,928,619
| +118% | +$173M |
|
236
Stryker
SYK
$108B
| $158M | 0.08% |
552,947
+14,374
| +3% | +$3.81M |
|
237
Duke Energy
DUK
$93.1B
| $157M | 0.08% |
1,623,714
+102,053
| +7% | +$10.1M |
|
238
Phillips 66
PSX
$104B
| $156M | 0.08% |
1,760,201
+323,377
| +23% | +$32.9M |
|
239
General Dynamics
GD
$96.5B
| $156M | 0.07% |
2,857,786
+2,186,369
| +326% | +$505M |
|
240
State Street Energy Select Sector SPDR ETF
XLE
$42.4B
| $156M | 0.07% |
3,757,312
-198,446
| -5% | -$8.48M |
|
241
Amphenol
APH
$194B
| $151M | 0.07% |
38,536,036
+30,833,800
| +400% | +$609M |
|
242
Vanguard Russell 1000 Value ETF
VONV
$22.1B
| $151M | 0.07% |
2,264,828
-138,935
| -6% | -$9.41M |
|
243
Elevance Health
ELV
$90.8B
| $148M | 0.07% |
2,966,205
+2,651,986
| +844% | +$1.26B |
|
244
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.5B
| $147M | 0.07% |
4,321,291
+1,398,182
| +48% | +$48.1M |
|
245
Copart
CPRT
$27.7B
| $147M | 0.07% |
3,918,620
-314,964
| -7% | -$10.7M |
|
246
Schwab U.S Small- Cap ETF
SCHA
$22.2B
| $145M | 0.07% |
6,935,926
-165,538
| -2% | -$3.56M |
|
247
Dimensional US Targeted Value ETF
DFAT
$14.4B
| $141M | 0.07% |
3,177,240
-19,022
| -0.6% | -$882K |
|
248
Automatic Data Processing
ADP
$110B
| $140M | 0.07% |
630,774
+10,355
| +2% | +$2.34M |
|
249
Schwab Short-Term US Treasury ETF
SCHO
$15.3B
| $140M | 0.07% |
5,746,300
+896,834
| +18% | +$21.7M |
|
250
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.79B
| $139M | 0.07% |
1,748,544
+126,908
| +8% | +$10M |
|
Similar funds
Envestnet Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Envestnet Asset Management held 4,198 positions worth $208B, up 7.7% from $193B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $124B of net new capital in Q1 2023, opening 253 new positions and adding to 2,493 existing holdings. Its largest new stake was Spire: 573,721 shares worth $149K.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 72% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was iShares ESG Aware MSCI USA ETF, an estimated $2.68B trimmed.
- Envestnet Asset Management's largest Q1 2023 buy was Spire: 573,721 shares worth $149K.
- Envestnet Asset Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2023, an estimated $10.9B increase.
- Envestnet Asset Management's biggest Q1 2023 reduction was iShares ESG Aware MSCI USA ETF, cutting an estimated $2.68B.
- Envestnet Asset Management fully exited Canadian Pacific Kansas City in Q1 2023, selling an estimated $74.5M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $208B portfolio in Q1 2023.
- Envestnet Asset Management opened 253 new positions and closed 232 in Q1 2023.
- Envestnet Asset Management's portfolio value rose 7.7% quarter-over-quarter to $208B.
Based on Envestnet Asset Management's 13F filing for Q1 2023, filed 11 May 2023.